Paper currency alone; pure fiat standard

In a currency area, only banknotes are in circulation as means of payment, not coins. Currently, about three quarters of the world’s countries have such a currency. Italy and Greece had a pure paper currency before the introduction of the EUR. – See the one-euro note movement.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/